Portugal, Spain, and France will cooperate to create a Green Energy Corridor to help interconnect the Iberian Peninsula and Europe.
Portuguese Prime Minister Antonio Costa said: “Today we reached an agreement to go beyond the old project, the so-called MidCat, and develop a new project, which we called the Green Energy Corridor, which will complement the interconnections between Portugal and Spain, between Celorico da Beira and Zamora, and also to make a connection between Spain and the rest of Europe, connecting Barcelona and Marseille.”
He added that “the details still need to be fixed, from a technical point of view,” in terms of European funding, namely through what the European Commission can allocate to the project.
He noted that the plan envisions creating a pipeline for green hydrogen or other renewable gases although, temporarily, it can be used to “transport natural gas up to a certain proportion,” adding that “electrical interconnections will also be reinforced”.
Spain and Portugal will also develop an energy storage project in Spain.
He added that the three countries will meet again in Alicante, Spain, on the 9th of December.